Today Markets Analysis: EUR/JPY is attempting to stabilise after two consecutive sessions of gains, trading around 178.70 during Asian hours. Despite the recent bounce, the broader technical structure remains bearish, with the cross trapped inside a descending channel and trading below its key short-term moving averages. The interesting feature of the current market is the […]
Today Markets Analysis: The Euro remains under pressure against the US Dollar, with EUR/USD trading below 1.1550 for a fourth consecutive session as investors await Wednesday’s Federal Reserve decision. Rising US rate expectations, elevated Treasury yields and renewed geopolitical tensions are combining to support the Dollar, leaving the Euro struggling to regain momentum. EUR/USD was […]
Today Markets Analysis: Sterling is losing momentum against the US Dollar as traders prepare for a potentially important week for both central banks. GBP/USD has slipped to around 1.3490, with expectations of a Federal Reserve rate hike supporting the Dollar ahead of Wednesday’s decision, while a heavy UK economic calendar could determine whether the Pound […]
Today Markets Analysis: The Swiss Franc is losing ground against the US Dollar as traders position for a potentially important shift in Federal Reserve policy. With the Fed widely expected to raise interest rates on Wednesday while the Swiss National Bank is expected to keep its policy rate at 0%, the interest-rate differential is once […]
Today Markets Analysis: The Indian rupee has fallen to around 95.80 per US dollar, hovering near a seven-week low as surging oil prices, rising US Treasury yields and expectations of tighter Federal Reserve policy combine to pressure India’s currency. The move highlights a difficult combination for India: higher energy costs are increasing inflation pressure at […]
Today Markets Analysis: The New Zealand dollar has fallen to around $0.576, its lowest level in two months, as broad US dollar strength and renewed concerns over the New Zealand economy put pressure on the kiwi. The decline comes as markets position for a potential Federal Reserve rate hike this week, widening the interest-rate advantage […]
Today Markets Analysis: The offshore yuan remained under pressure around 6.71 per dollar on Tuesday, pulling back from its recent more than three-year high as a mixed set of Chinese economic indicators highlighted the uneven nature of the country’s recovery. The latest data point to a growing divergence between stronger industrial activity and weaker domestic […]
The US dollar extends its winning streak to five sessions as traders prepare for a pivotal Federal Reserve decision, with rising oil prices adding fresh pressure to the inflation outlook. The US dollar continued to strengthen on Tuesday, with the Dollar Index moving above 99.5 and recording its fifth consecutive session of gains. The latest […]
Currency Hedger Analysis: AUD/JPY is holding near 110.10 in early European trading, but the broader technical structure remains bearish as the cross trades below its 100-day moving average. Expectations of further Bank of Japan tightening are providing additional support for the Japanese yen, while an oversold RSI leaves room for a temporary AUD/JPY rebound. The […]
Currency Hedger Analysis: EUR/USD fell to around 1.16, its lowest level since August, extending recent losses as the euro came under pressure against a firmer US dollar. The pair has now declined approximately 0.12% over the past four weeks and is down 1.67% over the past 12 months, reflecting a broader period of dollar strength […]